Analysts react to Trump's threat of North American tariffs [Yahoo! Finance Canada]
AllianceBernstein Holding L.P. Units (AB)
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Source: Yahoo! Finance Canada
President-elect Donald Trump to impose 25% tariffs on top trade partners Mexico and Canada when he takes office for a second term in January in a move that could trigger a trade war. Mexico is the country's top trade partner as of September, representing 15.8% of total, followed by Canada at 13.9%. Trump also threatened "an additional 10% tariff, above any additional tariffs" on imports from China, the third-largest trade partner at 11.9%. CAPITAL ECONOMICS "We suspect investors may be under-appreciating the impact from Trump's policies on Mexico," said Giulia Bellicoso, a markets economist. "We suspect Trump's tariffs will take a toll on Mexican equities by denting optimism about near-shoring and limiting investment into the country." "We expect Trump to start another trade war," she added. CIBANCO "We believe Trump's announcement is a tactic to negotiate with these three countries, his main trade partners, from a position of strength, taking into account that imposing
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AB
Earnings
- 10/24/24 - Beat
AB
Sec Filings
- 11/13/24 - Form 8-K
- 11/6/24 - Form 4
- 11/6/24 - Form SC
- AB's page on the SEC website